Dave Clarke, who the legendary late BBC DJ John Peel dubbed The Baron of Techno, has announced plans to release his first artist album in 14 years. That’s right, 14 years!

Set for release on October 27 The Desecration of Desire follows 1995’s collection of singles Archive One and 2003’s Devil’s Advocate, an assemblage of cuts Clarke “produced under various outside pressures.”

On The Desecration of Desire (Skint)Clarke intentionally veered away from his focus area of techno to explore his passion for punk, new wave, noise, and industrial music.

Says Clarke of his techno-free LP, “I live and breathe it every single week — but I wanted to make an album that was not a collection of club tracks. I listen to many types of music all the time and I felt free for the first time to implement this approach for my own project.”

After TechCrunch reported that the company was almost out of cash, co-founder and CEO Alexander Ljung took to the company’s blog and declared, “There’s an insane amount of noise about SoundCloud in the world right now. And it’s just that, noise. The music you love on SoundCloud isn’t going away, the music you shared or uploaded isn’t going away, because SoundCloud is not going away. Not in 50 days, not in 80 days or anytime in the foreseeable future. Your music is safe…. SoundCloud is here to stay.”

But according to a memo sent to shareholders by Ljung, and published by Axios, if shareholders don’t accept the reorganization proposal by the end of Friday, the streaming service could cease to “continue as a going concern.” If they agree, Soundcloud gets its new investment: $169.5 million at a pre-money enterprise valuation of $150 million.

According to the memo, “Financing of this size will enable to Company to pay off its remaining debt, while ensuring a strong, independent future… In the event that the transaction does not close and in the vent SoundCloud does not otherwise obtain additional funding, based on current cashflow forecasts, SoundCloud faces liquidity concerns in the near term.”

More on this story as it develops.

UPDATE [August 12] SoundCloud has secured financing in order to stay afloat, according to a blog post on the company’s website. CEO Alex Ljung will step aside though remain chairman as former Vimeo CEO Kerry Trainor replaces him. Mike Weissman will become COO as SoundCloud co-founder and CTO Eric Wahlforss stays as chief product officer. New York investment bank Raine Group and Singapore’s sovereign wealth fund Temasek have stepped in to lead the new Series F funding round of $169.5 million.